Genus (LON:GNS) Research Coverage Started at Berenberg Bank

Berenberg Bank initiated coverage on shares of Genus (LON:GNS) in a report published on Tuesday morning, Marketbeat.com reports. The brokerage issued a buy rating and a GBX 3,050 target price on the stock.

A number of other brokerages have also commented on GNS. Shore Capital increased their price target on shares of Genus from GBX 2,900 to GBX 3,000 and gave the stock a “buy” rating in a report on Wednesday, November 19th. Deutsche Bank Aktiengesellschaft increased their target price on Genus from GBX 2,900 to GBX 3,100 and gave the company a “buy” rating in a research note on Wednesday, November 19th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 3,050.

Genus Trading Up 3.6%

Genus stock opened at GBX 2,595 on Tuesday. The stock has a market cap of £1.72 billion, a P/E ratio of 89.79, a PEG ratio of 2.87 and a beta of 0.37. Genus has a fifty-two week low of GBX 1,424 and a fifty-two week high of GBX 3,228.80. The firm’s fifty day moving average price is GBX 2,491.02 and its 200-day moving average price is GBX 2,367.39. The company has a debt-to-equity ratio of 53.12, a quick ratio of 1.08 and a current ratio of 1.80.

Genus (LON:GNS) last posted its earnings results on Thursday, September 4th. The company reported GBX 81.80 EPS for the quarter. Genus had a return on equity of 1.41% and a net margin of 1.18%. Equities research analysts forecast that Genus will post 70.9644323 earnings per share for the current fiscal year.

Insider Activity at Genus

In other news, insider Jorgen Kokke sold 3,450 shares of the business’s stock in a transaction dated Thursday, September 25th. The stock was sold at an average price of GBX 2,332, for a total value of £80,454. Corporate insiders own 0.70% of the company’s stock.

About Genus

Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, the Middle East, Russia, Africa, and Asia. The company operates through three segments: Genus PIC, Genus ABS, and Genus Research and Development. It sells breeding pigs and semen to breed pigs with various characteristics for pork production under the PIC brand.